A Love, Hate Relationship…
Did you ever think that there were similarities between peoples’ love lives and their financial life? What about:
Finding the perfect match can be hard.
- Just like some dates, financial issues are something that a lot of us do our best to avoid.
- To put it in dating terms – many people end up ghosting their finances, just like their bad dates!
- Just like some romantic relationships your relationships with finances can be a source of stress
In fact, 53% of all employees are stressed about their finances. Financial stress has been only increasing since the pandemic. We all have had moments of desperately trying to make it to payday or splurging on purchases to only regret it later!
It is good to ask questions at the start of any relationship and this is also an easy way for employees to look at their finances. Here is a list of simple questions to help people examine their relationship with their finances so far:
- What does your ideal retirement look like? What age do you want to retire?
- Do you currently have a savings plan in place so that you’re ready for any unexpected cost?
- Is there something you are planning to buy, and do you have the money in place or a plan to get it – this could be a car or even a house?
- Do you get worried about money at various times and so cause yourself stress?
- Would you like to know enough about finances so that you can make the right decisions?
- Would you like to learn in a fun, no sales environment?
Like any relationship, your relationship with your finances can only work if there is a future. Relationships with your finances will not always be easy. But like any strong relationship, it takes work, but it is worth it in the end when you reap the benefits!
We understand everyone does not find it easy to fall in love with their finances. Stock markets, investments schemes and pensions can seem boring, but if employees were to find the right financial team who was passionate about all these financial areas, then there could be a great match.
Don’t be shy, you can make the first move! Reach out to us today and we’ll explain how a Proactive Financial Wellness programme can be built around the specific needs of your team so that financial stress is prevented before it occurs.
